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Thursday, 06/13/2019 3:33:43 PM

Thursday, June 13, 2019 3:33:43 PM

Post# of 1193
Not a bad day all in all, still had some shorting going on, but a bit of covering by smaller traders and some selling by traders who only got in for the ER. It should start settling out here and rise back slow and steady.

One short on Stock Twits keeps posting this, which refers to End of Q1 not since new site and legacy/clearance section, they always want to focus on yesterday not today.

" Boutique and outlet store results were better than expected, while our e-commerce business UNDERPERFORMED expectations." if you cant sell online, you're TOAST!!!!!!!!!!"

Well its working wonders now sugar britches LOL.

After CC they had added 150 sku's to the legacy/clearance part of the site brought the sku's back up to 1823 but had some nice selling off of it all day. In 5 hours got knocked down to 1733 so far today. 2140 sku's gone in a little over a month, should be up to 2500 by the weekend at this rate, hopefully.

Clothing (Includes tops/dresses) 570

Jewelry 741

Accessories 155

Beauty 112

Shoes 80

Gifts and Home 75

Jewelry goes down the fewest as far as sku number even though it is among best selling of all legacy/clearance items, but, many probably have 100's of pieces many maybe 1000's probably take all summer to move the lot, but, it is highest margin by far. Shoes be toughest to go because of size requirements, first find the gal that wants them, then do you have them in her size?

Doesn't give an entirely clear picture of how much clearance is selling but, gives a pretty good one, if you are clearing 100 sku's in a day has to be 1000+ items selling a day from clearance if not more. Good thing with it, you have to order $60 to get the free shipping, so probably get good $$ per transaction. Love this new website opened up endless possibilities especially clearing out legacy stock.

https://www.francescas.com/category/clearance.do?pp=60&sortby=bestSellersAscend&sortType=1

Move that merch get that cash, its all up from here.

I am gonna keep a running tally, no one else is speaking here, I will just do as I did last spring/summer on AVMXY board talk to myself LOL.

Peace out.
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